- Joined
- Jul 26, 2016
- Messages
- 96
- Reaction Score
- 118
I didn’t claim “schools were making billions”. I said the players are creating billions in revenue. There’s a difference between profit and revenues, and it’s not one that should require an explanation for anyone who graduated high school.
Harvard doesn’t offer athletic scholarships, and, unlike 99.9% of the rest of colleges in America, their graduates are practically guaranteed employment upon graduation. Probably not the best school to pick to make your counter argument.
At least you’ve accepted the fact that tuition, room and board is not income.
Lastly, most athletic programs lose money. But I didn’t claim field hockey players should be paid. Allowing players to earn money based off their likeness, however, isn’t akin to the school paying them.
Right. From the ACC public schools (conference rank, national rank, school name, revenues and expenses) there is this from Wikipedia for 2016-17 (the 7 private schools do not report their income and expenses) ...
1 | 13 | Florida State University | $144,514,413 | $143,373,261 |
2 | 22 | University of Louisville | $120,445,303 | $118,383,769 |
3 | 26 | Clemson University | $112,600,964 | $111,126,235 |
4 | 35 | University of North Carolina | $96,551,626 | $96,540,823 |
5 | 39 | University of Virginia | $92,865,175 | $100,324,517 |
6 | 44 | Virginia Polytechnic Institute and State University | $87,427,526 | $90,716,423 |
7 | 47 | North Carolina State University | $83,741,572 | $86,924,779 |
8 | 51 | Georgia Institute of Technology | $81,762,024 | $84,852,123 |
... and the ACC is only the 3rd or 4th P5 in terms of revenue (not directly comparable as some like the Big 10 (14) includes gate receipts and the ACC doesn't). Like an individual, you must try to live within your means, but all of the schools I think do have student athletic fees - probably OK as many students will want to go there, increasing school enrollment b/c of successful athletic teams (game attendance, notoriety, etc.). Ga Tech does have a sizable deficit but they are the 3rd best engineering school in the USA after MIT and Caltech and have special recruiting problems as the only such school with significant athletic teams.